Claus Offe, Professor Emeritus of Political Sociology at the Hertie School of Governance, answers in the following questions: Question 1(00:06 – 03:09) : How would you expect Germany to react after the United Kingdom referendum and the vote for Brexit? Question 2 (03:10-06:39): A lot has been said about the management of the Eurozone crisis by Germany. Six years after the beginning of the crisis how would you assess it?
In line with its objective to improve the level of public discourse about the crisis, the Crisis Observatory aims to host a series of interviews with Greek and foreign politicians and officials, as well as with respected academics, analysts and intellectuals. These interviews will be relatively limited in number; their objective is not to offer commentary on current events, but to contribute to a thorough and diverse analysis of the crisis and its effects.
Alan Kirman, emeritus professor at Aix-Marseille III University, answers the following questions: 1) Ηave we learned the right lessons from the crisis? 2) Which are the challenges that economic theory has to face after the crisis? 3) What do you think about the crisis in the Εurozone periphery? What went wrong in these countries and how do you evaluate the handling of the crisis so far? 4) What do you …Read More
Federico Steinberg, Professor of Political Exonomy at Madrid’s Universidad Autónoma, answers the following questions: 1. Which is the current economic situation in Spain? 2. Is the financial system more resilient nowadays? 3. Could the political instability in Spain affect the economy?
Paolo Manasse, Professor of Macroeconomics and International Economic Policy at the University of Bologna, answers the following questions: 1. Which are the main reasons of structural reforms failure in Greece? 2. The combination of fiscal consolidation and structural reforms, without debt relief or other growth policies, could lead to the recovery of the Greek economy? 3.If labour and product market reforms have been adopted hand in hand during the implementation …Read More
The assistant professor of Economics at the University of Cyprus Sofronis Clerides answers the following questions of the Crisis Observatory, concerning the crisis of Cyprus (English subtitles available). 1. In what degree, do you think that the Greek crisis, and consequently the haircut, influenced the Cypriot crisis and mainly its extent? 2. Do you believe that the different result between Greece and Cyprus and the exit of the second …Read More
Martin Wolf, eminent writer and columnist at the Financial Times, answers the following questions: 1. Do you believe that the Eurozone crisis is over? If so, why was it so hard for the Eurozone to overcome this crisis mainly in contrast to other countries like USA or UK? 2. According to your point of view, what should have been done to face the crisis? What do you believe that …Read More
It is necessary to address the problem of non-performing loans (NPLs) so as for the banks to be able to finance the real economy again, according to Silvia Merler, Affiliate Fellow at Bruegel think tank who offered her insights in an interview to the Crisis Observatory. Referring to the forthcoming recapitalisation of the Greek banks, Silvia Merler points out that this development will contribute to restoring the confidence of depositors …Read More
Belke Ansgar, Professor for Macroeconomics at the University of Duisburg-Essen and Research Professor at the Centre for European Policy Studies (CEPS) answers the following questions of the Crisis Observatory (greek subtitles available): 1. How you assess the role of Germany during the european debt’s crisis? 2. How you assess the role of IMF during the european debt’s crisis?Do you believe that the Fund will participate in the 3rd greek bailout? 3. Do you …Read More
Tasos Giannitsis, Professor Emeritus at the National and Kapodistrian University of Athens (Department of Economics), answers the following questions of the Crisis Observatory, concerning the fiscal policies during the crisis (English subtitles available): 1. How did the adjustment policies, implemented during the crisis, affect the income of the Greek citizens? 2. Were the adjustment policies, implemented during the crisis, based on solidarity and progressiveness? How did these policies affect the …Read More
According to Daniel Gros, Director of the Centre for European Policy Studies (CEPS), the unprecedented recession that struck Greece and the ongoing crisis of its economy until today are due to the incomplete implementation of the programme by the Greek governments. In an exclusive interview to the Crisis Observatory, Mr. Gros explains the reasons why the Memorandum has not had the expected results in Greece, while also referring to the …Read More